Saudi Arabia
Egyptian Minister of Electricity and Renewable Energy Mahmoud Esmat met with his Saudi counterpart Abdulaziz bin Salman in Riyadh to discuss ways to support and enhance cooperation and partnership in the energy fields, open new horizons in the fields of electricity storage and renewable energy, and review developments in the implementation of the electrical interconnection project between the two countries.
The Egyptian president valued the historic ties with Saudi Arabia across all fields.
This agreement aims to enhance specialized steel industries, galvanization processes, and the production of telecommunications towers, while supporting participation in government and public sector tenders within the Saudi market. The partnership also opens the door for future cooperation in a wide range of industrial products.
Prime Minister Madbouly highlighted Egypt’s vast investment opportunities in the industrial sector, inviting Saudi companies to capitalize on Egypt’s strategic network of free trade agreements. These agreements, he explained, open access to international markets and provide competitive advantages for investors
England's FA decided to back Saudi Arabia's bid to host the 2034 World Cup after being reassured by answers they received from the Saudi Arabian Football Federation (SAFF) during a meeting last month, chair Debbie Hewitt said on Friday.
The agreement aims to enhance trade flows, strengthen international supply chains, and provide reciprocal benefits to the private sector in both countries.
The issue arose due to the expiration of their "transit" visas, which affected those who had arrived after performing Umrah (small pilgrimage).
During his visit to the site, Prime Minister Madbouly reviewed various components of the project, including transformer rooms and high-voltage equipment areas.
Minister of Agriculture Alaa Farouk and his Saudi counterpart Abdulrahman Al-Fadhli, discussed on Tuesday means to enhance joint cooperation between their two countries.
Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan expressed on Monday his country's appreciation for the Egyptian efforts to enhance regional security, in light of the continued Israeli aggression and systematic daily targeting of civilians in the Gaza Strip.
El Khatib highlighted Egypt’s competitive advantages as a prime destination for Saudi investments, citing the availability of a skilled workforce, competitive wages, advanced infrastructure, reliable energy resources, and extensive free trade agreements
Fouad stressed the importance of ensuring that this goal serves the interests of developing Arab and African nations by helping them strengthen climate mitigation efforts, build resilient societies, and address losses and damages caused by climate change.
Marselino Ferdinan struck twice against the Herve Renard-coached Saudis to secure his country's first win in the third phase of the continent's qualifiers, boosting their hopes of an appearance at the finals in North America.
The meeting of the two ministers came on the sidelines of the activities of the 4th Ministerial Conference on Antimicrobial Resistance (AMR), hosted by the Kingdom of Saudi Arabia, said the Egyptian Health Ministry in a statement on Saturday.
Egypt’s exports to Saudi Arabia reached $2.4 billion in the first nine months of 2024, up from $1.9 billion in the same period of 2023, showing a growth of 26.3%.
Talaat Moustafa Group (TMG) has reported record sales, reaching EGP 470bn (equivalent to $9.4bn) as of November 6th. This represents a significant increase of over four times compared to the EGP 108bn recorded during the same period last year.
Egypt is a leading country and one of the largest and most influential economies in North Africa and the Arab League, Russian Foreign Minister Sergey Lavrov told BRICS TV network.
The value of Egyptian exports to the Kingdom amounted to about $2.2 billion, reported CAPMAS.
The 56-year-old, who was in charge of the Saudis from 2019 to 2023, takes over from Italian Mancini who left the position on Thursday by mutual agreement after 14 months in the job.
He noted that the project's timeline was reaffirmed during Saudi Crown Prince Mohammed bin Salman’s visit to Cairo this week.
